Usain Bolt Close to a $115 Million Sponsorship with Chinese Sports Company
Even in a world inhabited by such other-worldly talents as Tiger Woods, Kaka, and Lebron James, the unearthly pace set by Jamaica's Usain Bolt has knocked the world on its ear. And now his business interests may have a chance to do what his competitors on the track cannot, and that is, catch up.
Local Governments Swarming Beijing for SOE Investment
Local governments in China are finding it increasingly difficult to attract foreign investment, and with private enterprises being crowded out, they have turned their attention to the currently flush state-owned enterprises (SOEs) and are swarming into Beijing in order to connect up with them.
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